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Over the three-month period to April 2017, manufacturing production declined by 1.2%.
During the period, the Bank of England chose to leave interest rates unchanged.
The opportunity cost of being overweight in cash (cash yields are high) remains relatively low at present.
Retail sales growth was also unchanged at 10.7% year-on-year for May.
In Japan, the flash PMI hit a seven-month low of 52.0 in June from 53.1 in May.
But, on a slightly more positive note, retail sales improved slightly to an annual growth rate of 1.5% in April.
Globally, while the economic growth outlook remains positive overall there seems to be a slight loss of momentum and flattening yield curves suggest some concern regarding the longer-term growth outlook.
Locally, politics continues to dominate the outlook.
Business and consumer confidence is low and is likely to retard economic growth."Many individuals, on top of accessing global investments which provide additional sources of return as part of their plan, are concerned that in 10 or 15 years' time there might be a need for additional offshore funds in foreign currency to cover their children's education at a tertiary institution outside South Africa," he says.While this is an interesting trend, other ultra-high-networth individuals might also be making plans to set up a home away from home, and enjoy part of the year in South Africa and the rest abroad.Turn challenge into opportunity Welcome to 2016, where a whole new Lifestyle awaits Steer your investments in a rate hiking cycle Let us help you with your Tax Clearance application for foreign investment Money Maximiser - Get a money market fund rate without the risk Define your appetite for property investment Enjoy effortless global transacting with the FNB Banking App Global equity markets edged ahead marginally in June.Bond yields continued to drift lower over the period against a backdrop of economic indicators that exhibited a slightly softer bias.Business confidence (as measured by the RMB/BER business confidence index) also plummeted 11 points to a reading of 29.Tags: Adult Dating, affair dating, sex dating